Profiling problems with partially identified structure

成果类型:
Article
署名作者:
Brock, William A.
署名单位:
University of Wisconsin System; University of Wisconsin Madison
刊物名称:
ECONOMIC JOURNAL
ISSN/ISSBN:
0013-0133
DOI:
10.1111/j.1468-0297.2006.01130.x
发表日期:
2006
页码:
F427-F440
关键词:
摘要:
This article studies two classes of profiling problems where the relevant structural inputs to the problems may be only partially identified: that where profilees are not 'strategic' in altering their characteristics and that where profilees strategically alter their characteristics at a cost. The analysis is unified by assuming there is a utilitarian planner that attempts to optimise the sum of welfare. We compare maximin solutions and minimax-regret solutions in two contexts. An unexpected feature of the minimax-regret solution is that a minimax-regret planner may end up learning unknown features of the population it faces rather quickly relative to a maximin planner.